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Advisers should look closely at the rate of interest paid on Sipp and SSAS accounts, warns Investec Private Bank.Research from the firm reveals 37 per cent of pension advisers do not know what rate of interest is being paid on Sipp and SSAS accounts, meaning the cash element of the products could be languishing in […]

Jan Regnart, chief executive of Wealthtime and former managing director of James Hay Sipp, says the FSA is concerned about the lack of applications for Sipp authorisation but she points out that firms face complex challenges.

Brokers appear to have won their battle to ensure lenders do not leave hard footprints on customers’ files that could harm their credit rating.The Council of Mortgage Lenders wants lenders to double-check whether consumers are shopping around or making an application and has told members to only register genuine applications.The Association of Mortgage Intermediaries has […]

In recent months bond bears have been reinvigorated, and market commentary suggesting “the end of the bond (bull) market is near” has become commonplace. We think these comments are premature. Explaining the global government bond sell-off October has seen renewed pressure on global government bonds, initially provoked by a Bloomberg article suggesting that the ECB […]

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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]

Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]

Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]